Gregorio Mauro 4
Research Summary
AI-generated summary
Graham Corp Director Gregorio Mauro Receives RSU Award
What Happened
- Gregorio Mauro, a director of Graham Corporation (GHM), was granted 905 restricted stock units (RSUs) on 2026-06-01. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (no cash paid on grant). These RSUs convert into common stock on a one-for-one basis when they vest.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely).
- Price: $0.00 per RSU (award/grant), total reported cash paid = $0.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1/F2 state the RSUs convert 1-for-1 to common stock; some units vest on 9/2/2026 and others vest on 6/1/2027. Grant was made under the 2020 Graham Corporation Equity Incentive Plan and reported as exempt under Rule 16b-3.
- Filing timeliness: not marked late; filed within the usual 2-business-day window after the transaction date.
Context
- RSUs are a form of compensation, not an open-market purchase or sale. They only become actual shares if and when they vest; until then they’re a conditional right to future shares. Such grants are common as executive/director compensation and do not by themselves indicate a buy or sell decision in the market.